With reference to the Subject, There was a Typographical error for the Appointment of Statutory Auditor instead of Appt of Secretarial Auditor for the FY 2025-26. Please take the note of ....
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The Board of Everlon Financials Ltd met on May 13, 2025 and approved audited financial results for Q4 and FY ended March 31, 2025, along with re-appointing M/s. R. Thakkar and Co. as Internal Auditor and M/s. Sindhu Nair & Associates as Secretarial Auditor for FY 2025-26. The headline clarification notes a previous typographical error where 'Secretarial Auditor' was mistakenly written as 'Statutory Auditor.' Statutory auditor M/s. B.L. Dasharda & Associates issued an unmodified (clean) opinion on the FY25 results. For FY25, revenue from operations rose to ₹1,311.42 lakhs from ₹1,010.99 lakhs, but profit after tax fell sharply to ₹118.87 lakhs from ₹800.35 lakhs, with EPS at ₹1.92 vs ₹12.91. Q4 FY25 alone posted a loss after tax of ₹(568.33) lakhs, dragging down the full-year performance.
The 85% drop in annual profit despite revenue growth is a concern for shareholders, though reserves strengthened to ₹2,504.55 lakhs and the clean audit opinion supports credibility. The auditor re-appointments are routine, and the headline correction is administrative only — no material change to governance.